andyh4 Posted June 11, 2012 Share Posted June 11, 2012 Hardly a sperm whale - more a spratt. And you are completely right the real problem is that companies do not want to take on new employees and would rather downsize when push comes to shove. Link to comment Share on other sites More sharing options...
AnOther Posted June 11, 2012 Share Posted June 11, 2012 [quote user="andyh4"]That would be true in most countries except the UK where the 30 years' contribution rule means that most 60 year olds could do it and get a full pension. [/quote]Assuming of course that they can privately fund the intervening years to the state retirement of 65, I would suggest that most can't [;-)] Link to comment Share on other sites More sharing options...
andyh4 Posted June 11, 2012 Share Posted June 11, 2012 That of course is absolutely right but I was assuming that for such a scheme to work inthe UK there would need to be some form of incentment for the retiree - as in France - with a reduced pension until full pension age. Without that there is no reason why anything would change from the status quo. Link to comment Share on other sites More sharing options...
YCCMB Posted June 11, 2012 Share Posted June 11, 2012 [quote user="andyh4"]....status quo.[/quote]And, let's face it:they've retired about six times already....[:D] Link to comment Share on other sites More sharing options...
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